Apr 29, 2023 08:00 AM

Hengxin Shambala Culture Co.,Ltd. Posted 495.2 Million Yuan Net Loss in 2022

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Hengxin Shambala Culture Co.,Ltd. (恒信东方文化股份有限公司) (300081.SZ) reported a net loss of 495.2 million yuan in 2022, narrowing 4.4% year-on-year.

Meanwhile, the company posted 489.3 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 470.2 million yuan in total liabilities, with a liability-to-asset ratio of 22.2%.

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